News · Cointelegraph

Democrats claim control of the US Senate

According to the AP, Democrats have won control of the Senate after Josh Turek won the Iowa race, bringing their total, including independents who caucus with them, to 51 seats. The shift could change the path of the stalled CLARITY Act, reshape committee leadership and bring closer scrutiny of Trump-linked crypto businesses and regulators' decisions. The CLARITY Act failed a Senate procedural vote 49 to 50 in September, and if it is not passed by January, the next Congress starts from scratch. Jerome de Tychey, president of Ethereum France, said nothing will pass without cross-partisan support and warned that the biggest risk for US crypto is becoming a partisan issue.

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Democratic Partymidterm electionscryptoregulationCLARITY Act

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